Shares of Sun Summit Minerals Corp. (CVE:SMN – Get Free Report) fell 6.9% during mid-day trading on Tuesday . The company traded as low as C$0.14 and last traded at C$0.14. 342,650 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 463,372 shares. The stock had previously closed at C$0.15.
Sun Summit Minerals Stock Down 6.9%
The company’s 50-day moving average is C$0.17 and its 200-day moving average is C$0.12. The stock has a market cap of C$29.63 million, a price-to-earnings ratio of -2.70 and a beta of 0.13.
Sun Summit Minerals Company Profile
Sun Summit Minerals Corp. engages in the acquisition and exploration of precious metal properties in Canada. The company primarily explores for gold, silver, zinc, and copper deposits. It has an option to acquire a 100% interest in the Buck property covering an area of totaling approximately 52,000 hectares located in north-central British Columbia; and holds 100% interest in the JD project covering an area of totaling approximately 16,000 hectares located in the Toodoggone region, British Columbia.
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